Real Estate Math
A Maine agent earned a 6% commission on a sale. If their broker pays them 60% of the commission on a $385,000 sale, how much does the agent earn?
A$11,550
B$13,860✓ Correct
C$15,400
D$23,100
Explanation
Commission = $385,000 × 6% = $23,100. Agent's share = $23,100 × 60% = $13,860. To solve this, multiply the relevant values: $385,000 at 6%.. The correct answer is $13,860.. This is a common calculation on the Maine real estate exam.
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